morning thoughts...

The said bounce came from our support levels and the selling pressure got witnessed from our resistance levels , perfect obligation by markets.
Now we again we move to support levels and crucial supports at 8450 on nifty and 19075 on bank nifty and the same pattern is likely to continue with buy on dips to supports and immediate profits booking at all rise and sell at all rise to resistance levels of 8580 on nifty and 19500 on bank nifty.
Stock specific moves of 30-50 percent mentioned will continue and out of money options will rise from 1000-5000 percent in pharma stocks
We have already mentioned and intimated all moves well ahead last week and now reaping profits accordingly
Commodity markets will see mixed trade with some buying in bullions , base metals and energy at lower levels and sell at higher levels

Friday wealth gains

Convert series buy sun pharma 700 pa
Fii option buy aurobindo pharma 700 pa
Convert series buy itc 250 ca , colgate 1000 ca
Fo sell lupin , tech mahindra 
Sell nifty and bank nifty at rise and buy at supports
Sell gold , silver , crude